According to data shared by the tracking platform Shibburn, a massive amount of SHIB tokens was permanently destroyed on December 16 within a 24-hour period. However, this significant increase in SHIB burning had no positive impact on its price, which instead dropped by nearly 4% over the last day, despite Bitcoin (BTC) reaching a new all-time high of $106,488.

SHIB Burn Rate Surges by 1,987%
Data from Shibburn shows that the SHIB burn rate saw a dramatic increase of 1,987% on December 16 within a 24-hour period. This surge was made possible by burning a total of 20,035,968 SHIB, which were removed from circulation thanks to the efforts of the SHIB Army community.

The largest transaction transferred 11,196,225 SHIB to a burn wallet.The second-largest transaction burned 8,804,670 SHIB.

Interestingly, while the 24-hour burn numbers surged, the weekly burn rate saw a sharp drop of 92.69%. Over the past 7 days, 175,061,914 SHIB were burned, compared to 20,035,968 SHIB in the last 24 hours – nearly a ninefold difference.
In total, 410,742,797,923,452 SHIB have now been burned from the original quadrillion supply, thanks to the combined efforts of the SHIB community and Ethereum co-founder Vitalik Buterin.
The SHIB Burn Dilemma
Currently, there are 584,022,313,308,516 SHIB tokens still in circulation. Many members of the SHIB community are urging the development team to accelerate the burn process. The reasoning is simple: the smaller the supply, the rarer the token becomes. This could help drive SHIB’s price upward, bringing the community closer to the long-sought goal of $1 per SHIB.
Shibarium’s Role in the Burn Process
The SHIB development team, including lead developer Shytoshi Kusama, has repeatedly explained that the burn rate does not depend solely on their efforts. Instead, it relies on activity on the Shibarium network.
Higher user activity on Shibarium generates more gas fees, paid in the BONE token.A portion of these fees is used to burn SHIB, gradually reducing its overall supply.
Thus, for the burn rate to accelerate, Shibarium must achieve greater adoption and increased user activity.
Conclusion
Although over 20 million SHIB were burned in the last 24 hours, the token's price has yet to react positively. The SHIB community continues to call for a faster burn process, while the development team emphasizes the key role of Shibarium in achieving this goal. Reaching the $1 target for SHIB remains a challenge that requires both community participation and technological progress.

#SHIBburn , #Shibarium , #CryptoMarketTrend , #shiba⚡ , #ShytoshiKusama

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The cryptocurrency market has been abuzz with Shiba Inu's ($SHIB ) surprising ascent, riding the coattails of major players like Bitcoin and Ethereum. As Bitcoin surged to a fresh all-time high of $81,858 and Ethereum broke past $3,200, Shiba Inu followed suit, reaching impressive levels not seen in months. The momentum has positioned $SHIB as more than just a meme coin, highlighting its potential as a serious contender in the crypto market.

📈 Shiba Inu’s Surge with Bitcoin and Ethereum: A Look at the Numbers

Shiba Inu’s performance in the recent bullish wave is nothing short of remarkable. With Bitcoin up by 29.53% in the past month and Ethereum climbing 27.25% in just seven days, Shiba Inu saw parallel gains, hitting a five-month high of $0.00002785 before a minor correction. Currently, $SHIB is up 13.8% over 24 hours, 49.02% over the week, and 40.11% over the past month—a feat that highlights the token’s capacity to move alongside the giants of the crypto world.

🔍 What’s Behind SHIB’s Rally? Insights from Shytoshi Kusama

In a recent statement, Shytoshi Kusama, the visionary leader behind Shiba Inu, shared his thoughts on SHIB’s unexpected rally. According to Kusama, Shiba Inu's growth isn’t just a result of meme culture or social media hype. He emphasized that SHIB’s rise is driven by solid technology and a robust ecosystem that stands resilient even in bear markets. Kusama attributes SHIB’s performance to the team's innovative strategies and a clear vision for the token’s future—a combination that fuels its potential to compete with more established cryptocurrencies.

🌐 A New Campaign to Educate on Shiba Inu’s Technological Backbone

Kusama recently hinted at an upcoming campaign aimed at educating the crypto community on SHIB’s technological foundation and its potential beyond the meme coin reputation. As part of this initiative, Kusama will appear on a podcast where he plans to dive into SHIB’s technology, bear market resilience, and its promising future. This campaign seeks to reshape perceptions of Shiba Inu, positioning it as a multifaceted project with real-world applications, rather than just a token riding on meme appeal.

🚀 Evolution of Shiba Inu’s Ecosystem: More Than Just a Meme

Launched in August 2020, Shiba Inu began as a meme token inspired by Dogecoin. However, it has since evolved into a utility-driven project with a comprehensive ecosystem. Here’s a closer look at some of the standout components:

1. Shibarium: A layer-2 blockchain solution that enhances transaction speeds and lowers fees, making it more efficient for users and developers.

2. Shiba Eternity: A collectible card game that builds community engagement, expanding SHIB’s presence in the gaming sector.

3. Agent Shiboshi: An initiative that introduces NFTs with unique use cases, furthering SHIB’s reach into the digital collectible space.

4. SHIB: The Metaverse: A virtual world where users can explore, interact, and create, leveraging SHIB for metaverse transactions and experiences.

5. ShibaSwap: A decentralized exchange allowing users to trade, stake, and earn rewards in SHIB, providing liquidity and strengthening its utility.

6. Future Privacy Blockchain: The team has hinted at developing a privacy-focused blockchain, which would add an extra layer of security and anonymity for users in the SHIB ecosystem.

This expansion into multiple domains highlights Shiba Inu’s transformation into a versatile project that could appeal to a broader audience beyond meme enthusiasts.

🌐 Market Outlook: What’s Next for Shiba Inu?

Despite its recent rally, SHIB still sits 44.2% below its March peak of $0.000045. However, there is renewed optimism within the community, especially with the recent re-election of Donald Trump, who has pledged to introduce fairer crypto regulations. If these regulatory changes create a more favorable environment for digital assets, Shiba Inu could break past $0.000045 and even eye its all-time high of $0.00008616.

Kusama believes that as Shiba Inu’s utility continues to expand and its technology evolves, SHIB could rise to become one of the leading assets in the decentralized finance space. The upcoming campaign and Kusama’s podcast appearance are expected to fuel further interest in SHIB, drawing in both seasoned investors and newcomers.

🗣️ Shytoshi Kusama’s Message to the SHIB Community

Kusama has encouraged the SHIB community to stay engaged and informed as the token’s journey unfolds. He emphasizes the importance of understanding SHIB’s true value, which lies in its technology and community-driven ecosystem rather than hype alone. With the upcoming campaign and Kusama’s insights on the podcast, the Shiba Inu community is gearing up for a future that could redefine the token’s place in the crypto world.

💡 Conclusion: Shiba Inu’s Bright Future in the Crypto Landscape

Shiba Inu has proven itself to be more than just a passing trend. With a strong foundation, expanding ecosystem, and visionary leadership from Shytoshi Kusama, SHIB is on a path to become a major player in decentralized finance and digital assets. While market volatility remains, SHIB’s resilience and steady growth offer promising signs for what lies ahead.

As the community eagerly awaits Kusama’s podcast appearance and the launch of the new campaign, it’s clear that Shiba Inu is here to stay. Its recent surge alongside Bitcoin and Ethereum marks a pivotal moment, showcasing SHIB’s potential to break beyond the meme coin label and become a true innovator in the blockchain space.

🚀 Join the Shiba Inu Revolution and Stay Tuned for the Next Chapter in SHIB’s Journey! 🌐

#ETHPriceSurge The enigmatic Shiba Inu lead #ShytoshiKusama shares a response to investors asking him to propel a massive price spike for $SHIB
.

Shiba Inu has been unusually calm since its previous rally earlier this month, which saw it surge to $0.00003031. However, the token could not continue its uptrend as it recently plunged below the $0.000025 level.

Investors Desire Substantial Rally for SHIB Amid Ongoing Market Uptrend 
With other crypto assets, particularly Bitcoin, witnessing significant price spikes, several SHIB investors have been urging the team behind the Shiba Inu ecosystem to make efforts that could lead to a substantial rally for the token.

These users have communicated their demands differently, with some explicitly asking Kusama to ‘send SHIB to the moon.’ This request signals their desire for a substantial price increase for Shiba Inu.

The Possibility of Burning Most SHIB Tokens
Shytoshi Kusama, the leader of the Shiba Inu project, stated that burning 99% of SHIB’s circulating supply is feasible. However, he emphasized that other critical factors could influence the token's price.
When asked by a community member about a timeline or plan for token burns, Kusama responded that this goal is now achievable. While such massive burns once seemed impossible, the collaboration of numerous projects within the Shiba Inu ecosystem has made this milestone attainable.
Key Conditions for Token Burns
Kusama highlighted that achieving such a significant reduction in supply would only be possible if more projects or several large-scale initiatives adopted Shiba Inu’s technological stack.
Risks Associated with High Burn Rates
The leader also pointed out potential drawbacks of burning tokens. While burning can increase SHIB's price, it could also make the token too expensive for users to purchase, slowing the rate of further burns. Kusama emphasized that burning is not the only factor that determines the success of the Shiba Inu ecosystem.

Adoption as the Key to Success
According to Kusama, the more sustainable way to enhance SHIB's value and ecosystem is by promoting its adoption in real-world use cases. If SHIB has practical applications, users will have less incentive to burn their tokens.
Kusama has previously stressed the importance of expanding tools and features for SHIB. He argues that greater mainstream adoption will attract interest from centralized exchanges and further enhance the ecosystem.
New Features and Tools in the Ecosystem
In line with this vision, the Shiba Inu ecosystem has introduced features such as liquid staking and other innovations. Kusama insists that continuous innovation and new use cases are as crucial to the ecosystem’s success as token burns.
Communication with the Community
The topic of token burns arose from questions submitted by the Shiba Inu community for Kusama’s podcast. Kusama regularly uses this format to address the ecosystem's most pressing challenges and opportunities.

#shiba⚡ , #Shibarium , #ShytoshiKusama , #SHIBburn , #meme_coin

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Shiba Inu ($SHIB ) is back in the spotlight with a thrilling surge past a critical resistance level of $0.00001750, signaling a potential bullish breakout for this beloved dog-themed meme coin. This price jump comes on the heels of a 1,436% increase in SHIB’s burn rate—a massive spike that's igniting investor enthusiasm and driving the momentum behind this digital asset.
🚀 Bullish Sentiment Ignites as SHIB Soars Past Key Resistance!
According to Shibburn, over 19 million SHIB tokens were recently sent to dead wallets, permanently reducing the circulating supply. This latest burn pushes the total burned SHIB to a jaw-dropping 410,730,888,039,931 tokens. By decreasing the token supply, this deflationary strategy aims to boost scarcity and increase long-term value for SHIB holders.
The effect on price? SHIB shot up by more than 5%, briefly touching $0.000018 before a slight correction. But don’t let the dip fool you—SHIB has shown remarkable resilience, and with the current bullish momentum, there’s hope of testing even higher resistance levels soon.
At present, SHIB is trading at $0.00001797, reflecting a 5.42% surge in just the last 24 hours. The burn mechanism, combined with growing ecosystem utility, is clearly driving optimism within the SHIB community. With supply shrinking and demand rising, the potential upside could be massive.
👀 Shytoshi Kusama’s Cryptic Teasers Spark Massive Speculation
In true Shiba Inu fashion, Shytoshi Kusama, the mysterious leader behind the project, has been fueling the excitement with hints of a major partnership. Recent reports suggest that if SHIB stays above its 100-day Exponential Moving Average (EMA), it could signal a solid recovery, paving the way for more gains.
And here's the kicker—Kusama dropped a “back-to-the-future” themed teaser on X (formerly Twitter), sparking speculation of a “friendshib” with none other than DeLorean Motor Company! Could we see a Shiba Inu-branded DeLorean or a deeper tech collaboration? Only time will tell, but the possibility has electrified the SHIB community.
A partnership with a legendary brand like DeLorean could do wonders for SHIB’s mainstream appeal, opening doors to unique use cases that extend far beyond crypto. With the burn rate spiking, Kusama’s teasers, and price action remaining strong, SHIB holders are gearing up for what could be an explosive upward trend.
💥 SHIB’s Path Forward: Beyond the Meme
Shiba Inu’s ongoing commitment to reducing its token supply while exploring high-profile partnerships reflects a strategic approach to long-term value creation. As Kusama continues to drop hints about future collaborations and developments, SHIB’s transformation from a meme coin into a major player in the crypto world is gaining momentum.
Whether you're holding, trading, or jumping into SHIB for the first time, now is the time to stay locked in on this dynamic token’s future.
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#ShibaInu #SHIBBurn #DeLoreanRumors #ShytoshiKusama #CryptoCommunity $SHIB

In an official X post dated November 5, #ShytoshiKusama proposed for $SHIB
. (Strategic Hub for Innovation in Blockchain) in the U.S. Notably, this mover aims to transform the United States into an epicenter for blockchain technology and sustainable development. As the global race for blockchain and digital asset-based investments grows, this mover could be pivotal, the proposal spotlighted.

Further, the details in the proposal also rolled out a potential budget plan for the development of the strategic hub in the U.S. Encompassing key aspects such as infrastructure development, economic incentives, talent development, regulatory framework, building and overseeing sustainable practices, marketing and global outreach, the projected cost for the hub development is $1.3 billion – $2.35 billion over a 5- to 10-year period, per the plan revealed by Kusama.

In addition, this project also eyes outcomes such as job creation, startup attraction, employment growth, and technological growth, among other optimistic advancements. Overall, the proposal sparked a frenzy among market participants, also bringing attention to the meme coin Shiba Inu’s crypto venture.

Meanwhile, meme coins appear to have stolen the spotlight amid the ongoing U.S. presidential elections. Notably, Elon Musk’s Department of Government Efficiency ($DOGE
.) saga has already injected significant optimism into Dogecoin, another leading dog-themed meme crypto. Recently, CoinGape media reported that the American billionaire tapped into U.S. Fed critic Ron Paul for D.O.G.E expertise, aiming to minimize government spending.
#AltCoinSeason

In a recently issued tweet, the enigmatic $SHIB
lead known by the pseudonym #ShytoshiKusama shared a tweet published by major crypto exchange Gemini, founded and run by the Winklevoss “crypto twins.” Kusama commented that this is an “interesting stat.”

Investors under 30 embrace crypto
The statistic revealed by Gemini says: “Nearly half of people under 30 are invested in crypto. What an unbelievable world awaits us.” The tweet does not reveal, though, where exactly this is happening. However, since Gemini is headquartered in New York, it is likely that the tweet referred to Americans.

The crypto community responded with supportive comments to Gemini’s statement, making bullish predictions about how they see the future transformed by the global integration of cryptocurrencies. The commentators on Shytoshi Kusama’s post responded similarly. Some of them wondered about the details, though, claiming that the rough figures shared by Gemini hardly represent a large percentage of the world’s population.

Kusama's S.H.I.B. proposal for U.S. government As reported by U.Today earlier this week, Shytoshi Kusama issued
As reported by U.Today earlier this week, Shytoshi Kusama issued a blog post that contained a groundbreaking proposal for the new US leader to build a “Strategic Hub for Innovation in Blockchain” – S.H.I.B. for short.

That plan proposed transforming a potential US city in multiple ways by leveraging blockchain technology. That transformation would include enhancing cybersecurity, securing communication channels, protecting critical infrastructure, and developing the next generation of Internet technologies.

The plan also included suggestions on adding numerous economic incentives, improving talent development, as well as the regulator framework. Kusama estimated the rough cost of implementing all parts of his strategic plan as $1.3 billion – $2.35 billion. The realization of the plan, according to his calculations, would take from 5 to 10 years.

However, curiously, SHIB itself was nowhere to be mentioned there, except for the acronym S.H.I.B. Most likely, Kusama intends to build the whole thing on the Shibarium blockchain released in the August of 2023. Currently, the SHIB team is also busy designing and creating the layer-3 solution. At the start of this year, it raised $12 million from various investors for that purpose. Besides, the team is also busy working on the SHIB Metaverse, which might also be integrated as part of the S.H.I.B. initiative.
#Devcon2024

In the face of a cooling market for Shiba Inu ($SHIB ), lead developer Shytoshi Kusama has addressed the growing demands from investors eager for a price rally. As Shiba Inu consolidates, Kusama confidently reiterated, “We’re still #1 $ETH Token,” sparking renewed enthusiasm within the SHIB Army.
Shiba Inu’s Recent Price Movement
Current Price: $0.00002553 (-2.07%)
Previous High: Earlier this month, $SHIB surged to $0.00003031 but faced resistance, dropping below the $0.000025 mark.
Market Outlook: With Bitcoin and other major crypto assets posting significant gains, SHIB investors are eagerly awaiting a similar breakout.
Investors Call for Action
Shiba Inu’s loyal supporters are urging the development team to catalyze a major rally, asking Kusama and the ecosystem team to “send SHIB to the moon.” These calls highlight the community’s desire to reclaim bullish momentum amid broader market uptrends.
---
Why SHIB Still Holds #1 in the Ethereum Ecosystem
1. Strong Community: Shiba Inu boasts one of the largest and most passionate communities in the crypto space, often driving trends and momentum.
2. Ecosystem Growth: From Shibarium to DeFi integration, SHIB’s utility continues to grow, making it a cornerstone token in Ethereum’s ecosystem.
3. Investor Confidence: Kusama’s recent statements reaffirm the project’s long-term vision, even as short-term price movements remain volatile.
What’s Next for SHIB?
While Kusama hasn’t revealed specific plans to trigger a rally, investors remain optimistic about:
Upcoming Utility Developments: Advancements in Shibarium and other ecosystem features could drive new demand.
Market Sentiment: As the crypto market trends upward, SHIB could capitalize on renewed interest in altcoins.
💬 What’s Your Take?
Do you believe Shiba Inu will bounce back stronger in the coming months? Share your thoughts below and join the conversation!

#ShibaInu lead developer #ShytoshiKusama has confirmed that three new partnerships are in the works for the memecoin. The news has been met with excitement from the Shiba Inu community, and many are eager to learn more about the partnerships and what they mean for the future of the cryptocurrency.

In a Telegram group chat, Kusama said that the first partnership will bring a cadre of exceptional and influential advisors to the Shiba Inu ecosystem. These advisors will help to guide the development of the project and ensure that it is on the right track to success.

The second partnership will focus on technology and social progress. Kusama said that this partnership will help to make Shiba Inu more user-friendly and accessible to a wider audience. It will also help to promote the use of Shiba Inu for good causes.

The third partnership is still under wraps, but Kusama said that it is something to "toast to." He hinted that it could be a major game-changer for Shiba Inu, such as a partnership with a major company or a new innovative product.

Kusama said that these partnerships are just the beginning of many more to come. He said that Shiba Inu is committed to building a better future for the cryptocurrency industry, and these partnerships are a sign of that commitment.

The news of the partnerships is a major boost for Shiba Inu. It shows that the project is attracting the attention of major players in the cryptocurrency industry. It also suggests that Shiba Inu is on the right track to becoming a major player in the space.

It will be interesting to see how these partnerships impact the growth of Shiba Inu in the coming months and years. If they are successful, they could help to make Shiba Inu one of the leading cryptocurrencies in the world.

In addition to the three partnerships, Kusama also shared some other exciting news about the future of Shiba Inu. He said that the team is working on a number of new products and features, including a decentralized exchange, a non-fungible token (NFT) marketplace, and a metaverse project.

Kusama said that Shiba Inu is "just getting started" and that the project has "a lot of big things planned." He said that the team is "excited to show the world what we can do" and that they are "committed to building a better future for the cryptocurrency industry."

The news of the partnerships and new products has sent Shiba Inu's price soaring. It is clear that Shiba Inu is a force to be reckoned with, and it will be interesting to see how the project develops in the coming months and years.

$SHIB

#Shibarium